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it harder. >> tell us something about the obama white house that we do not know. >> what does obama think of mitt romney? what does he really think? i think he feels that romney is incompetence because he did not run a better campaign. i suspect that one of the teams in all of the coverage of the campaign is going to be that romney never found a way to -- either the method or the theme of how to run against obama were as they thought it was going to be easy. >> we are about to get the hook here -- the penultimate question. what is the one thing you would like to know about president obama that you do not? >> i did ask him this. i did not put it in the book. he keeps a diary. i would like to have access. [laughter] he said, i said, do you keep a diary? he said, yes, but not on all of these details. i said the outcome on -- i said, come on. let's see it. i am sure he will write a really interesting them more. >> what did he tell you about the diary? >> that it existed. no detail. he did not offer me to read from it or anything like that. you know, is it dictated? is it written? you know, ro
. history is important. >> i'm don lemon at >>> look who's talking. president obama and house speaker john boehner get together a little more than three weeks before we hit the fiscal cliff. >> gone too soon. a mexican-american singing superstar killed as a small plane plunges into a mountain range. >> just devastated for them. i'm really feeling for them. >> raw and emotional. two radio hosts talk about the family of the nurse who took her own life after getting duped by their prank call. >>> good morning, to you. welcome to "early start." welcome back, mr. berman. >> it is great to be here. i was on vacation for a week. now i'm back. i'm john berman. it is 5:00 a.m. in the east. i am feeling that. but this, they are talking for the first time in over three weeks. president obama and house speaker john boehner looked each other in the eye and actually had a conversation. now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side woul
. but this, they are talking for the first time in over three weeks. president obama and house speaker john boehner looked each other in the eye and actually had a conversation. now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side would discuss specifics about their conversation. but after yesterday's white house meeting, a spokesman for the president said "the lines of communication remain open." now that may be music to the ears of former white house chief of staff erskine bowles, one half of the bowles-simpson reduction duo. >> they started a tango now. you know, any time you got two guys in there tangoing, you have a chance to get it done. >> brianna keilar is live now from washington. we don't have a lot of details about what went on in that meeting. maybe if they're both not talking, that may be a good thing. >> that's right. in fact, we have almost absolutely no details. the things that really interesting, though, to obser
been made in the case. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of is rushing through entitlement reforms you for the end of the year. >> watching some stalls, several on the bay bridge we will have more on weather and traffic coming up. >> the opening bell on wall street is about 20 minutes away. looming fiscal crisis on the market today. we did better than we did expect it from mcdonald's this morning. rob black will be coming up at 645. the dow futures point to a lower opening this morning. >> men and women have equal footing in the nation's economic recovery according to the latest numbers from the labor department. the biggest numbers for men
of reason. you worked in the obama white house, does it shock you when lindsey graham stands up and votes against this. he's somewhat a respected member of the senate. >> nothing shocks me any more. the republican party has been moving away from disability for some time. when you look at other things that the congress has focused on medicaid, healthcare, the affordable care act, even looking at what's going on with the fiscal cliff right? are we going to balance our budget by lessoning lessening the support to those with disability or focus on those at the top 1%. this trend is ongoing and i hope it doesn't continue. the bipartisan tradition around disability is longstanding, and i think it's mourn. it's one of those few issues that traditionally both republicans and democrats can agree on, and i hope we can get back to that point. a lot of work need to be done in the republican party for us to get there. >> eliot: your point is so well taken. there should be no disagreement about extending rights to those with disabilities. this is not a partisan issue. it has not been historically a par
are simply failing. the rhetoric coming out of the white house has been fine. the president obama even mentioned quote the destructive power of a warming planet in his acceptance speech last month but time for talk is over. now the is the time for action. here with me now to tell me if we should start preparing for the earth as we know it. joe rome. thank you for joining us. >> thank you for having me. >> we're very close or even maybe at a tipping point beyond which the capacity to pull back the impact of co2 pouring intoous atmosphere may well nigh impossible. >> no question it's getting--the impacts are getting more noticeable. we're seeing super storms we haven't seen before. hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the storms stronger, feeds it more water and then the sea level rise. it's going to be get higher and higher and it's going to make the storm surges like sandy worse and worse. people should know we still have time to act. we can still avert the worse but time is certainly running out. >> cenk: on
for reelection, governor snyder will face the voters in two years. >> pelley: thanks, elaine. president obama and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united states has a lot at stake in the syrian civil war. president obama has suggested that american firepower might be needed to prevent the dictatorship from using chemical weapons. we've learned that tomorrow the administration will endorse one of the rebel groups that is now fighting to overthrow bashar al- assad. who are these new american allies? clarissa ward found their leader in brussels. >> reporter: moaz al-khatib is the man chosen to lead a newly formed coalition of syria's opposition groups. what does it me
cliff is what we're talking about this morning. that's the starting point. president obama and the house speaker speaking face to face for the first time in more than three weeks. the two men who stand between millions of americans and the fiscal cliff sat down, had a conversation. a critical development 22 days away from the cliff, which means severe tax hikes and spending cuts unless the two can find a way to compromise. nobody is saying much. but spokesperson says the lines of communication remain open erskin bowles said this. >> you know, they have started to tango now and any time have you two guys in there tangoing, have you a chance to get it done. >> our white house correspondent, brianna keilar, live in washington, d.c. this morning. it doesn't sound like very much. but i guess we're making a lot out of it, a first step. any indication where it goes next? >> we don't know where it goes next. they are saying the lines of communication are open. we're expecting the white house and the speaker's office, they are going to continue talking. we don't know when the meeting, the next me
negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting for something, too, john. he's waiting for the republicans to identify the specific details of that $800 billion
, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard above. -- how long can you afford politically to have those tax cuts? >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to put revenues on the table. the receive news we are putting -- of the revenues we are putting from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. >>\[inaudible question] >> i think our members understand the seriousness of faces. trillion dollar deficits for as far as the eye can see. $16 trillion of debt on the books. every man, woman and child owing the american government $50,000 and that number is increasing every single year. as a result, our members unders
reconsider the controversial measure. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought i
the white house saying their wasting time and president obama is bringing our economy right to the edge. >> ford is your we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that speaker boehner is on the right rack. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counteroffers. dealers said he has been campaigning to meet. but he has to get involved if he wants to avoid the fiscal cliff. i think that the speaker has indicated that he will try to engage in, try to meet him and try to avoid the fiscal cleft that the presiient is going to continue to say it is my way or the highway, that is another game. gerri: it is. harry reid today saying that the game is
the house. than last year. there is one tree dedicate just to the obama family dog, bo. of course 100 pound gingerbread house has working chan dell leers. with the country inudget crisis and many in the northeast not able to get a christmas tree this year thanks to sandy, you would think they would tone it down a little bit. that's what i think. we want to know what you think. does thehite house need 54 christmas trees? log on to gerriwillis.com and vote on the right-hand side of the screen. i will announce thee results at end of the show. with all the talk about the white house christmas tree and rockefeller christmas tree you would think they're the biggest and brightest around but they are not. here are the top five tallest christmas trees in the country. number five, the mayor's christmas tree in kansas city, missouri. 100 foot tall tree in the city. not bought but grown by the mayor himself. way to go. number four, the christmas tree at the grove in los angeles. they may not have a white christmas but they certainly have the spirit thanks to 110 foot white fir adorned with 10,000 light
very surreal. >>> the relationship between president obama and house speaker john boehner can sometimes seem tense and awkward, so snl decided to try and explain it. >> in order to get the support of the speaker, i agreed there would be no tax increases, i repeat, zero tax increases. why would i do that? i mean i won the election. i had the leverage, why give in? well, simply put, i felt sorry for this man. early this week, i found my way into the congressional cafeteria, and what do i see? john boehner, sitting by himself. all alone. not a single member of his party willing to share his company. he didn't even have any milk to drink because, well, tell them why, john? >> they had taken my milk and thrown it in the garbage. >> these are supposed to be his friends and colleges. tell them what your so called friends did to your office desk? >> it was a rubber snake. >> a rubber snake. and did it scare you? >> it did. >> i was so heart broken to hear this, i said look, how about this, john. if you agree to a 1% raise on the top two americans, just two people, i will dissolve social securit
a doctor in afghanistan. >>> mum's the word after president obama and house speaker john boehner get together to discuss the fiscal
warner. at 9:00 eastern, president obama and house spear jaub boehner and spoke about the fiscal cliff today. republicans might be willing to agree to higher tax rates on the wealthy in january. house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can. >> sunday at 9:00 p.m. eastern on c-span 3. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 i believe and going to say that is precedent. and indiana had a -- >> they decided on the indiana case. it was constitutional for them to establish i.d. they did not say that all of those states -- >> correct, they talked about indiana. let me finish because you misrepresented what i said. >> no, i d
to get a deal passed by next friday, the last day congress is in session. president obama and house speaker john boehner know they have to reach agreement this week if there's to be a deal, which is why they met behind closed doors on sunday. spokesmen for both men say that lines of communication remain open with the president reiterating today that he's up for a big deal. >> i have said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits. i'm willing to compromise a little bit. but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. that said, an increasingly limber group of republicans are showing flekx 5eb89 on highe
the no further details have available. foods. >> we're learning that president obama and house speaker john boenher have spoken on the phone... it's a small step towards bridging a huge political washington has 26 days to keep the nation from going over the so called "fiscal cliff" >> it appears americans don't mind sharing opinions.. even on things that don't exist. a recent poll by public policy polling found 25- percent of americans took a stance on a phony debt reduction policy called the "panetta-burns plan." the proposal was dreamed up by pollers to test how many people would speak on something they clearly don't know anything about. eight-percent of those polled supported the mythical plan and 17- percent in contrast, 39- percent of voters were willing to share their thoughts about the "simpson- bowles" deficit policy up for debate in >> you don't have to look >> >> nobody wants to get this done more than me. >> >> but key players aren't talking in the same room. congressional aides say they're not even >> the president is ready, willing and able, waiting to be able to sit down and
of the miami. we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from sunday. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> a for honesty but f for effort. you can't get it done, george. you can't take us off the road to bankruptcy unless you deal with structural reforms to entitlement spending. martha: south carolina republican senator lindsey graham, good to have you in studio. >> great to be here. martha: got out of the craziness of washington for couple days. >> my export expires. martha: you'll need one. talk negotiating tactics. does it make sense at this point in the game, what does it do to undercut john boehner'
something about the obama white house. >> what does obama think of mitt romney? what does he really think? i think he feels romney is incompetent [inaudible] i suspect that one of the themes of the coverage of the campaign is that romney never found a way , either the method or the same of how to run against obama, whereas they thought he was going to be easy. >> what is the one thing you would like to know about president obama? >> i did ask him. i didn't put it in the book. he keeps a diary. so'd liketo ve access. [laughter] >> and decide -- i said you keep a diary craxi said yes, not on all this detail. let's see. so i'm sure he will write a really interesting memoir. >> what did he tell you about that? >> that it existed. no detail. he didn't offer any of it or read from it or anything like that. is it dictated? is it written? ronald reagan kept his diary. it was secret. and now they published all of reagan's diary. i mean, who would have thought? certainly obama much more a sense of history and literature and writing from his own books and so forth, which are very kind of addressed the
us something about the obama white house that we don't know. >> oh. what does obama think of mitt romney? you know, what does he really think, and i think he feels that romney is incompetent because he didn't run a better campaign. i suspect a theme in the coverage of the campaign is going to be that romney never found a way, the message or the theme of how to run against obama where he thought it would be easy. >> what is the one thing you want to know about president obama that you don't? >> i did ask this, i didn't put it in the book, but he keeps a diary. i'd like to have access. [laughter] >> assume that -- >> and he said, do you keep a diary? yes, oh, not on all the detail kind of, and i, you know, come on, let's see it. so i'm sure there will be an interesting memoir. >> what did he tell you about the diary? >> that it existed. no detail. he didn't offer any of it or read from it or anything like that. is it dictated? is it written? who, you know, reagan kept his diary secret. george w -- and now they published all of reagan's diary ies. i mean, who would have thought? cert
brown. we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> rep
that makes it harder. >> and tell us something about the obama white house that we don't know. >> what does obama think of mitt romney? what does he really think? and i think he feels that romney is incompetent because he didn't run a better campaign. and i suspect that one of the themes in all the coverage of the campaign is going to be romney never found a way to -- either the method or the theme of how to run against obama. whereas they thought it was going to be easy. >> we're about to give the hook here. what is the one thing you would like to know about president obama that you don't? >> oh, i did ask him this. i didn't put it in the book. he keeps a diary. and so i'd like to have access. [laughter] >> assume that's for -- >> do you keep a diary? yes. not on all this detailed kind of -- let's see it. so that's going to -- i'm sure he will write a really interesting memoir. >> what did he tell you about the diary? >> that it existed. no detail. he didn't offer any of it or read from it or anything like that. i'm -- is it dictated? is it written? you know ronald reagan kept his deiry th
by president obama to fracture the g.o.p. majority of the house, gain himself supreme power. >> well, that is because it's clear that the economic proposals, fiscal proposals won't do anything about debt. it's clear that his pretense that we are going to have to, that you can't get to the tax hikes he wants through rising, through raising the rates, without raising rates, he contradicts himself. he said exactly the opposite. so all of this is about the politics of it. he thinks he won the election. and now he can use the crisis over the fiscal cliff to force republicans to go against the position they have had for 20 years. like bush senior with read my lips. senly create a civil war among republicans. the fact that someone here said that the ball is in the president's court. he is holding the ball, not sevenning it. they haven't -- not sevenning it. they haven't offered anything. mcconnell laughed at the offer because it was so outrageous and he wants everything and republican offers nothing in the reduction in entitlements or discretionary spending. they walk away and they won't, i
reached speaking with the house speaker and the minority leader. president obama speech to members of the business roundtable about the negotiations and the economy. he told ceos he would not negotiate. because of technical problems, we can only show you part of his remarks. >> we are grateful for both the electricity and the engagement we have had with members of your team. i know your team has really reached out significantly over the last few months to many people in this room and i know personally, the outreach to us is genuine and we know you are seeking solutions. but that was outlined very sincerely this morning when we met with jack and the rest of the team. i hope you get the same sense of purpose and commitment from us as we engage with you. there aren't a lot of wallflowers' in here. we are eager for a two-way exchange nonetheless. hopefully your take away would be to have a useful purpose in the dialogue. mr. president, thank you for joining us today. [applause] >> good morning everybody. it is great to see all of you. many of you had a chance to see individually or in
and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers up $800 billion in new taxes without upping tax rates at all tea party leaders say higher taxes shouldn't be in any form because it is not what republicans stand for. south carolina senator jim demint went so far as to call on supporters of his senate conservative fund to call senate republicans and ask them to oppose what he's calling the boehner tax hike. the looming question for re
of national intelligence today showed congress the video proving the obama add -- administration misled the american public on benghazi. there was a classified video of the attack presented to the house arms services committee. that video showed an attack by heavily armed terrorists who breached the compound in benghazi within just minutes. we have the full report here tonight straight ahead. among the guests, former u.s. ambassador to the united nation, john bolten, judith mill eric and ed qlien. we begin with the closed door briefs on benghazi that lawmakers say raises more questions than ever that the obama administration insisted the attack was the response of a demonstration prompted by rage over an anti-islam video. fox news correspondent with the latest on what lawmakers saw and heard today from the country's top intelligence officials. >> the closed classified briefing brought together seen your state department, intelligence, and counterterrorism officials for a report on the three-month old investigation into the benghazi terrorist attacks. >> to the degree there was planning
house. [ laughter ] >> stephanie: president obama has met with msnbc host along with other progressives -- was i invited no. can anyone even imagine if fox news had stopped by the bush white house to discuss policy? they would have been rightly outraged. [ wah wah ] >> rush limbaugh sat in george bush senior's box during the convention. >> stephanie: an influential group of conservative radio hosts including laura ingraham. >> imagine if we had down that. [ mocking whining ] >> to the right. >> >> stephanie: the "stephanie miller show" has no information as to whether laura ingraham likes her hair pulled during sex. if she does it's to the right. all right [ inaudible ] go ahead. >> caller: our president is doing so bad, but yet apple wants to move the factory here. >> stephanie: exactly right. unemployment dropped to the lowest in four years. >> caller: yeah, so i mean these guys are all hot wind. they are trying to push the statute of liberty over the cliff, and it is not happening. >> reality has a liberal bias. >> stephanie: that's a disturbing image
deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be happier and spend more money. that's the p.r. side of this. much more importantly, for the deal, the two key players yesterday picked up the phone. the phone call relatively brief and substantive, though details remain illusive. shorter, sources say. the last week 28-minute conversation described then as curt, direct and frank. no one with this call used such barbed words and occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> if the administration, are they prepared to go over the fiscal cliff? >> absolutely. no prospect o
. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama made another foray outside washington today, trying to build public support for a fiscal cliff agreement. it came a day after he resumed talking with the top house republican, and as a year-end deadline moved even closer. the president took his public campaign for a deficit deal on his terms to the daimler diesel plant in redford michigan. >> if congress doesn't act soon meaning in the next few weeks, starting on january 1, everybody is going to see their income taxes go up. it's true. y'all don't like that? >> no! woodruff: instead, mr. obama again pressed for raising tax rates on the top two percent of incomes. >> and that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> woodruff: his michigan visit came a day after the president and house speaker john boehner met privately at the white house. their first one-on-one ses
the house budget committee where elements of a fiscal cliff deal are to be considered. meanwhile president obama held his ground insigs on higher tax rates for the top 2% of the wealthiest americans. >>> the political wrangling but a damper on wall street as stocks finished slightly lower in a light strad trading day. the dow jones industrial lost 13, the nasdaq shed 5. shares in oakland-based pandora are plum etting after hours. the internet radio company posted better-than-expected quarterly results but lowered its outlook for the rest of the fiscal year. the company is facing stiffer competition from the likes of apple and microsoft. both companies are launching their own music service. pandora shares dropped 17% after the closing bell. >>> now, numbers and new numbers show home sales in california remain steady, a sign of the recovering housing market, but as john reports, in one bay area community, the supply of homes on the market is as tight as can be. >> tuesday's in walnut creek are normally reserved for real estate brokers to tour each other's available homes, but today the inven
cuts. >>> te republican house majority leader told business leaders today president obama sms obsessed with raising tax. >>> we feel that's not the right direction to go, but we also feel that in that obsession is what he's about then let's at least do something about the spending problem. >> at the same meeth house speaker john baner said republicans have made a reasonable offer to the president with a balanced plan to raise revenues and cut spending. during a fla tla debate on the fiscal cliff today, the house will not adjourn for the holidays until they have reach add deal. >>> on wall street today it was a mixed day on the market. the dow jump td almost 83 points t. nasdaq fell about 23 points and the s & p 500 was up a little more than two points. >>> anger over action by egypt's new president turned into another violent protest today outside the presidential pals a. there are reports some demonstrators broke through barbed wire and hurled chairs and rocks at police and that people in support of the president beat some protesters with clubs. president morsey angered many people wi
danielle nottingham explains why. >> reporter: president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. the the president's latest campaign-style appearance follows a weekend white house style meeting with house speaker john boehner. both sides remain hopeful but little progress was made. if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going over well with democrats and advocates for senior citizen
on thursday, and the white house made it very clear that they're not giving much. the white house feels very burned by the 2011 debt ceiling negotiations. they feel like they have the leverage. and they're leaving it up to boehner to capitulate. >> do you think that president obama feels that he has unilateral control of the purse? >> no, but they think that they have enough leverage that they can force republicans to put the debt ceiling into any package that they eventually come up with. and if they don't, he feels like there is some other way that he can force them to deal with this issue. >> if this is a power of the purse issue and it falls on congress, not on the president, the president would be overstepping his power. because he -- does he want to have unilateral control defacto of the purse? >> no, i don't think i wants unilateral control. what he wants to do is force the republicans in the house to do what he wants. >> which means he wants control. >> well, i mean it is a political issue, okay? the republicans have their own abilities to lean back against the democrats on all of th
silence and see an encouraging sign but white house and congressional sources tell me that while the atmosphere around these talks is positive between the president and speaker john boehner, when it gets to the underlying details, progress is maddeningly slow. president obama telephoned senate majority leader harry reid monday while rob nabors huddled for a second day in a row aide to speaker john boehner. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the we
negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudd
economists. my next guest is concerned that we are going over the fiscal cliff. he says, president obama seemingly is intent on pressing his post-election advantage to win tax increases on the wealthy and to eliminate the houses debt ceiling leveraged. joining us now from washington d.c., peter wallace, former reagan white house counsel, former member of th financial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe they're going over the cliff. >> i think their is a real danger of this. one can see a path for obaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the democrats have an opportunity to introduce legislation to reduce the taxes for 98 percent of the people leaving the wealthier people, i guess you could call them wealthy, the top two percentage to stay at the high rates. it is possible to do this. lou: it is possible, but i have to ask you, surely te republicans have to undestand and had to understand six months ago what what transpired in this lame duck session of congres
in texas. she said who is a marxist in our white house? of course it is barack hussein obama and i don't know why we're not calling him what he is. >> does she know the definition of marxism? >> stephanie: it is as if when the wall fell, communism died. it didn't. today it is red on the outside and barack obama is implementing his green agenda which is marxism. >> ah, right. >> stephanie: bugga lug about -- bug gabug ga. >> i don't know how to work a shoe. >> stephanie: how do buttons go again? >> don't know how to work a shoe. >> stephanie: how do you work a shoe? they're all so different. she was offend by his narcissistic behavior at the presidential debate so much so she wanted to go up and smack his face. >> i'm sure the secret service would have loved that. >> stephanie: she decried the california marijuana legalization initiative as part of obama's anti-american plans. >> he's against it. >> he's a moron. >> stephanie: okay. she said i'm telling you barack hussein obama has to have a teleprompter beca
with people across america. a new quinnipiac poll proves it. 53% trust president obama and the democrats more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you're the greatest. the absolute best there is in this -- >> let's be careful talking about the president outside the beltway in virginia. >> this is why i want you and chris on. what is the president hoping to get done? what's his time frame? does he believe in the cliff or does he think it's a bungee jump? >> no, he truly believes in the cliff. he has been getting -- and he's getting economic warnings from his own team that say, don't believe the congressional budget office, which is kind of rosy about this, who says it would be a tough 2013 if we went over the cliff but things would get better. he is getting updates saying, no, no, no, we will
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